STEEL SELLS IDLE PLANT UPDATE

Compiled from news servicesTHE MORNING CALL

Bethlehem Steel Corp. has sold its former industrial fastener plant in Lebanon to Lebeth Industries Inc. of Oceanside, N.Y., a company spokesman said. The sale includes essentially all of the plant's manufacturing facilities and its main office building. Terms of the transaction were not disclosed. Bethlehem Steel closed the 100-acre complex in October 1985, putting 600 people out of work. The plant wasclosed after negotiations to sell it to a Minnesota businessman fell through.